Women rely on the family home to finance their retirement

The latest data from the Household, Income and Labour Dynamics in Australia Survey show the family home accounts for close to half of the total assets held by single women, and only 39% of the total assets held by single men. Other property, superannuation, business assets and financial investments, on average, play a much larger role in the asset portfolios of men than women.The latest data from the Household, Income and Labour Dynamics in Australia Survey show the family home accounts for close to half of the total assets held by single women, and only 39% of the total assets held by single men. Other property, superannuation, business assets and financial investments, on average, play a much larger role in the asset portfolios of men than women.